An Earnings Reversion Is Coming

By Lance Roberts An earnings reversion is coming. In“earnings estimates will disappoint,” we showed the extreme bullishness of estimates entering 2022. “Despite economic growth weakening as inflation increases, liquidity reducing, and profit margins under pressure, analysts continue increasing their earnings estimates. …

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Who Are the Oligarchs?

by Martin Armstrong (Photo: Former President Obama’s private yacht) The word “oligarch” leads some to believe that these rich individuals are part of a mysterious underground society. The Oxford dictionary defines an oligarchy as “a small group of people having …

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Let them eat cake…

🤡🌎 Let them eat cake pic.twitter.com/SYax9eicfv — Clown World Today (@cwt_news) March 8, 2022 🤡🌎 pic.twitter.com/Y8lrqL2I1U — Clown World Today (@cwt_news) March 7, 2022